Advanced search

ARLINGTON, Va.—Total consumer credit rose 6.9% at a seasonally adjusted, annualized rate in October and is up 8.1% compared to a year ago.

WASHINGTON—Saying it supports the Consumer Financial Protection Bureau’s inquiry into tech companies’ payments practices, CUNA is also strongly encouraging the Bureau to “carefully examine and regulate these entities moving forward.”

SUPERIOR, Wis.–Members of the $102-million Hayward Community Credit Union have voted in favor of merging into the $642-million Superior Choice Credit Union.

DEXTER, Maine–Maine Highlands FCU has named a new president effective in January. With the new year, the $184.6-million MHFCU said it has selected Maria Wooten to fill the role. Wooten is currently EVP.

WATERBURY, Conn.— The former president of a Skyline Financial FCU has pleaded guilty to embezzling hundreds of thousands of dollars from the credit union, according to the U.S. Attorney’s Office for the District of Connecticut.

WASHINGTON—The Small Business Administration (SBA) Reauthorization Act as been introduced by Sen. Ben Cardin (D-MD), with a goal of improving and modernizing existing SBA programs as well as implementing new programs focused on underserved areas.

TAMPA, Fla.–GTE Financial Credit Union is fulfilling the holiday wish lists of eight member families through its Make Hope Real initiative for the ninth consecutive year.

WASHINGTON–For the first time in history, the signatures of two women are appearing on U.S. currency.

TUCSON, Ariz.— Hughes Federal Credit Union recently partnered with the Girl Scouts of Southern Arizona (GSSA) in an “Over the Edge” fundraising campaign.